Russia’s production of high density polyethylene (HDPE) totalled 795,900 tonnes in the January-October period, up by 4.6% year on year, according to MRC’s ScanPlast report. SEE MORE Saudi Arabia expressed the need for oil producers to cut 1 million barrels a day from October levels and announced fewer shipments from next month, as OPEC and its allies began laying the groundwork to reduce oil supply in 2019, reversing an almost year-long expansion. SEE MORE Tenders for January-loading cargoes were expected this week from Vietnam for the Asian sweet crude oil market, Oceania loading programs for January were finalized and traders watched for the impact of US waivers on Iranian crude barrels, market sources said Monday. SEE MORE Nickel prices on both the London and Shanghai exchanges fell on Monday to near 11-month lows due to pressure from a strong U.S. dollar and concerns over economic growth in China. SEE MORE Chinese Premier Li Keqiang said on Monday Beijing will further open up its economy in the face of rising protectionism, as he headed for meetings with Asia-Pacific leaders in Singapore that are expected to focus on trade tensions. SEE MORE